Property profile

1321 College Ave Elmira, NY 14903

FOR SALE
Bars & Pubs
Property ID
US63-6226708
3,238 SF 0.23 ac lot Built 1969
Individually Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This commercial building in Elmira City, New York totals 3,238 square feet and was historically used as the Sand Dollar Bar. The building is located on College Avenue and sits on a 0.21-acre lot; it is positioned near Lecom, Hilliard Corporation, Arnot Hospital, and downtown Elmira City. The structure includes an added large room with a vaulted ceiling extending from the original building footprint. The property is zoned for commercial use.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1969
Total area 3,238 SF
Lot 0.23 ac (9,999 SF)
Zoning code BA
APN 070400 79.18-2-7
UPID US63-6226708

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1321 College Ave Elmira, NY 14903
Elmira metro Census 200 ELMIRA, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Zoning & alternative use

BA · Elmira, NY
Zoning description

250.6.1 Business A-I Intent. [Neighborhood Commercial - I] (Ord. No. 2005-349 dated 10/3/05) The intent of this district is the same as the inte nt and description set forth under section 250.6, Business A, except bars,…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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